Verona Rescue Squad Incorporated

Analysis

Verona Rescue Squad Incorporated is a registered charity in United States, based in Verona, NJ. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Verona Rescue Squad Incorporated reported income of $131k and spending of $138k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $144k to $131k (-9.1%), an average of -2.3% a year. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Verona Rescue Squad Incorporated sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 52nd percentile within NJ. Charities of a similar size with the same main cause include Greenpastures Christian Science Nursing Inc ($131k), Band of Heroes Outdoors ($131k) and Human Resources Center Foundation ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $548k against liabilities of -$157, net assets of $548k.